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UDAAN REVENUES
B2B quick commerce startup Fairdeal raises $15 million from Bertelsmann India, othersB2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company ai...- Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
- Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- India venture debt deployment grows marginally in 2025 to $1.3 billion: ReportVenture debt in India reached $1.3 billion in 2025. Deal numbers decreased, indicating slower startup funding. Venture capital investments ...
- UPI’s Bharat push; Udaan preps reverse flipHappy Wednesday! NPCI is turning its attention to smaller states and the northeast, hoping to spark the next wave of UPI growth. This and m...
- B2B ecommerce company Udaan reports 37% decline in FY25 net loss to Rs 1,055 croreUdaan cut its net loss by 37% to Rs 1,055 crore in FY25, even as operating revenue fell 20% to Rs 4,561 crore, filings showed. The decline ...
- Udaan acquires retail tech startup ShopKirana for $88.5 million in stockUdaan has strategically acquired ShopKirana in an all-stock deal to bolster its eB2B presence before its IPO. This move will enhance Udaan'...
- Udaan closes latest funding round at $114 million led by UK’s M&G, LightspeedThe company said that this fresh capital will be deployed towards strengthening its footprint with a focus on categories such as fast-movin...
- Udaan raises $75 million from UK’s M&G, Lightspeed at flat valuationCEO Vaibhav Gupta stated that an additional $25 million could be expected in the upcoming quarter. The investment comes as the Bengaluru-ba...
- Udaan logs lower net loss, flat operating revenue in FY24After two rounds of layoffs in 2023, the ecommerce platform had 1,500 employees on its roll at the beginning of 2024, compared to the peak ...
- Udaan CFO Aditya Pande resigns; firm announces senior-level changesKiran Thadimarri, group finance controller, will be elevated to the executive management team. Further, Vishnu Menon, head - corporate stra...
- Udaan valuation dives to $1.8 billion in down roundBengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021. It closed a $340 million financing last De...
- Udaan lays off over 100 employees shortly after $340 million fundraiseMost of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, peopl...
- Udaan raises $340 million in funding from UK’s M&G Prudential, othersThe funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a sta...
- Udaan CTO Gaurav Bhalotia to exit as B2B startup rejigs units, rolesThe company said that the technology vertical would be split into separate ‘product’ and ‘engineering’ functions. While Siddharth Reddy wil...
- udaan eyes strong sales in cold beverage segmentTo achieve growth the company is ramping up its inventory and has partnered with beverage makers like Paper Boat, Rasna, Dabur, Redbull and...
- Udaan bets big on lifestyle segment, adds one lakh businesses in 2020Sharing trends from the year, Udaan said the lifestyle segment saw sales of 10 million comfort wear products and slippers across 900 cities...
- IndiaMART stock likely to see rerating after Udaan fundraiseAccording to media reports, Udaan did revenue of ₹65 crore and incurred a loss of ₹60 crore in FY18
- Udaan to raise $500 million, valuation may climb 2x to $2.2 billionRound may see new investors like Hillhouse, Altimeter along with existing backers.
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